09/07/2006-4B-Minutes-RegularMinutes:
Members
Present:
Others
Present:
4-8 Sanger Texas Development Corporation
September 7, 2006
Nel Armstrong, Beverly Branch, Thomas Muir, John Payne, John Springer,
Glenn Ervin, and Kim Shaw
Jack Smith, City Manager; Rose Chavez, City Secretary/Asst. City Manager;
Cecile Carson, Economic Development Director
1. President Nel Armstrong called meeting to order.
2. Approve Minutes: July 13, 2006
August 10, 2006
Corrections were as follows: August 10, 2006 Minutes:
• Item 2, Page 3 should reflect, " Cecile Carson indicated there are many
needs and issues"
• Item 2, Page 4, second to the last sentence should reflect, "there was not
anyone who spoke for or against this project"
• Item 2, last paragraph, should reflect, "TML will insure the park"
• Item 3, correct the spelling on the word "Discuss"
• Second paragraph on Item 3 should reflect the correct statement, "The
officers serve a one-year term from July through July of each year.
The terms of the members are for two years and may serve an unlimited
time"
• Item 3, third paragraph, add the word "who" in the statement, "Discuss
officers who were appointed last year."
• Item 4(b), third paragraph, correct spelling of "purposing" to
"proposing"
• On the last paragraph, take out the word "the" and insert "that" in the
statement.
Motion to approve minutes with changes. Seconded by Kim Shaw. Motion carried
unanimously.
3. Review Financials.
City Secretary, Rose Chavez, reviewed with the Board asset accounts and expenditures.
She advised that the Certificate of Deposit renewed at 7.50%, effective September 1,
2006. On the Financial Reports, the City Secretary advised that on line item 76-6500
(Projects), the Economic Director's salary expense needed to be shifted to 76-5420,
which would decrease the deficit budget balance on that line item.
4. Consider and Possible Action on Proposed Budget 2006/2007.
*Consider Project with University of North Texas
City Manager, Jack Smith, briefed Board members on the year-to-date revenues and
expenditures as indicated in the financial regarding anticipated revenues and
expenditures for next year.
Discussed the line item for office supplies. City Secretary advised that the Economic
Development Director was needing some office supplies and, if it was possible, to utilize
the funds in that line item.
Discussion followed. Board members agreed that staff could utilize the $200.00 in office
supplies toward the purchase of supplies for the Economic Development Director.
Beverly Branch made motion to adopt budget for 2006/2007. Seconded by Kim Shaw.
Motion carried unanimously.
Consider Project with University of North Texas.
Cecile Carson advised that she had spoken to Rose concerning funds and there are
funds in this year's budget to fund this project. Cecile Carson reported that she has
been working with an informal group to get advice and opinions for economic
development about current businesses and how to draw more business into the
community.
Cecile Carson reported that a survey would consist of getting information on the needs
of businesses in the community, their opinions of the City, and the things that can
benefit those businesses in order to retain them within the community.
She has visited with different business owners and the consensus was that this was an
outside source that would be objective. Ms. Carson indicated that, in her conversation
with Dr. Weinstein ofUNT, he indicated the study would include a general overview,
identifying targets of opportunities, and a review of economic incentives from around
the area that could attract new businesses. Ms. Carson advised that Dr. Bernard
Weinstein often recommended cities he has studied to businesses he comes in contact
with.
This study can be funded under promotions in this year's budget or it could be included
in next year's budget or the board can decline it.
President Armstrong inquired if there was a difference between this study and the one
approved for the Buxton analysis.
Ms. Carson gave a brief overview of the Buxton study. It has similar background
information, but the goals are different. The UNT study is about current businesses in
the community and how to draw more business to Sanger. The other study reviews
Sanger residents, bow they spend their money, and what is needed to keep these monies
in Sanger.
Discussion followed concerning the two different studies and the impact that the UNT
study would have on Sanger.
Thomas Muir made motion to set this aside in this current year's budget to fund up to
$5,000 as requested by staff toward the UNT research. Beverly Branch seconded.
Motion carried unanimously.
5. Consider and Possible Action on Appointment of Officers as Required in the By-Laws
Section 5.02.
President: Motion made by Beverly Branch to nominate Nel Armstrong as President.
Seconded Glenn Ervin. Motion carried unanimously.
Vice-President: Motion made by Kim Shaw to nominate John Springer. Seconded by
Glenn Ervin. Motion carried unanimously.
Secretarylfreasurer: Motion made by Glenn Ervin to nominate Thomas Muir.
Seconded by Beverly Branch. Motion carried unanimously.
Discussion was the time to set meeting dates according to the Board's by-laws.
Motion made by Kim Shaw to schedule meetings as warranted on the 4t1t Monday of
each month starting in October. Seconded by John Springer. Motion carried.
6. List of Future Agenda Items.
Ms. Carson reported that September 27 is the earliest date, according to State law, that
funds can be expended. Buxton has started working on their analysis and they will have
target-market maps to staff by Friday of this week. The study is to be concluded by the
first of November.
7. Meeting Adjourned.
Approved
-~